Perchloroethylene Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Perchloroethylene is a colorless liquid that is non-flammable, chemically stable and has a sweet-smelling fragrance. It is made by chloronylosis of comparatively lighter hydrocarbons and is available in grades such as degreasing & general purpose grade, fluorocarbon grade, dry cleaning grade, and others. Perchloroethylene is used as a solvent in various chemicals which finds application in hydrofluorocarbon, dry cleaning, metal cleaning & degreasing, isomerization & reforming, and others.

MARKET DYNAMICS

The extensive use of perchloroethylene as an intermediate to produce refrigerant blends, refrigerants, and other fluorinated compounds coupled with rising demand from the refrigerants sector is the crucial factor anticipated to drive the perchloroethylene market growth. Moreover, perchloroethylene is extremely preferred for hydrofluorocarbon and heavy-duty applications that require high temperature to eliminate contaminants due to its high boiling point. These factors are expected to bolster the perchloroethylene market during the forecast period.

MARKET SCOPE

The "Global Perchloroethylene Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the perchloroethylene market with detailed market segmentation by grade, application. The global perchloroethylene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading perchloroethylene market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global perchloroethylene market is segmented into grade, application. By grade, the perchloroethylene market is classified into Degreasing & General Purpose Grade, Fluorocarbon Grade, Dry Cleaning Grade, and Others. By application, the perchloroethylene market is classified into Hydrofluorocarbon, Dry Cleaning, Metal Cleaning & Degreasing, Isomerization & Reforming, Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global perchloroethylene market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Perchloroethylene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report also includes the profiles affecting the perchloroethylene market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the perchloroethylene market in these regions.

MARKET PLAYERS

The report covers vital developments in the perchloroethylene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the perchloroethylene market are anticipated to lucrative growth opportunities in the future with the rising demand for perchloroethylene in the global market. Below mentioned is the list of few companies engaged in the perchloroethylene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the perchloroethylene market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Alfa Aesar
  
•   Banner Chemicals Group
  
•   Occidental Chemical Corporation
  
•   PPG Industries
  
•   SRF Ltd.
  
•   The Dow Chemical Company
  
•   Solvay Chemicals
  
•   Westlake Chemical Corporation
  
•   Olin Corporation
  
•   TOAGOSEI CO., LTD.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Perchloroethylene Report Scope